Sandyford Properties, the UK multi-let industrial property company, has completed the refurbishment of two industrial estates in Stoke-on-Trent.
Joiners Square Industrial Estate in Hanley has been upgraded with all units getting new doors, windows and roller shutters. One unit of 1,290 sq ft has been let to Devon-based Centristic, which designs, fabricates and installs bulk materials handling equipment throughout the UK, on a five-year lease at a rent of £8/sq ft. Another two units are available to let.
The estate, located on Leek Road, Palmerston Street, Westmill Street and Oldham Street, has 58 business units ranging from 900 sq ft to 5,000 sq ft and is home to a variety of business types, including wholesale, trade counter, leisure and warehousing.
Newstead Trade Park in Trentham, which forms part of the Newstead Industrial Estate, has been modernised in two phases over a two-year period. The 10 units, totalling 44,220 sq ft, have been comprehensively refurbished with new cladding, roofing, roller shutter and pedestrian windows and doors.
Most of the long-standing occupiers, such as Goodwin and Neida Products, have renewed their leases, while Glasgow-based Turner ECS has taken a newly refurbished unit of 3,185 sq ft on a five-year lease at a rent of £6.30/sq ft.
Paul Brindley, managing director of Sandyford Properties, said: “The completion of these two refurbishment projects emphasises our ongoing commitment to upgrading our portfolio”.
